High Net Worth Advisory Group LLC Acquires 29,324 Shares of Capital Group Core Balanced ETF $CGBL

High Net Worth Advisory Group LLC raised its stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 11.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 295,837 shares of the company’s stock after purchasing an additional 29,324 shares during the quarter. Capital Group Core Balanced ETF comprises about 2.4% of High Net Worth Advisory Group LLC’s investment portfolio, making the stock its 7th biggest position. High Net Worth Advisory Group LLC owned 0.23% of Capital Group Core Balanced ETF worth $10,452,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CoreCap Advisors LLC lifted its position in Capital Group Core Balanced ETF by 14,657.1% in the fourth quarter. CoreCap Advisors LLC now owns 1,033 shares of the company’s stock worth $36,000 after purchasing an additional 1,026 shares during the period. US Bancorp DE lifted its stake in shares of Capital Group Core Balanced ETF by 204.6% in the third quarter. US Bancorp DE now owns 1,645 shares of the company’s stock valued at $57,000 after buying an additional 1,105 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in Capital Group Core Balanced ETF during the fourth quarter worth about $86,000. Allworth Financial LP lifted its stake in Capital Group Core Balanced ETF by 6.7% during the third quarter. Allworth Financial LP now owns 4,977 shares of the company’s stock worth $173,000 after purchasing an additional 311 shares during the period. Finally, Alliance Wealth Advisors LLC acquired a new stake in shares of Capital Group Core Balanced ETF during the fourth quarter worth approximately $204,000.

Capital Group Core Balanced ETF Price Performance

Shares of Capital Group Core Balanced ETF stock opened at $35.80 on Monday. The firm has a market cap of $5.54 billion, a P/E ratio of 25.37 and a beta of 0.71. The firm has a 50 day simple moving average of $35.57 and a 200 day simple moving average of $35.37. Capital Group Core Balanced ETF has a fifty-two week low of $29.28 and a fifty-two week high of $36.71.

Capital Group Core Balanced ETF Company Profile

The Capital Group Core Balanced ETF (CGBL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that offers a balanced approach to total return and capital preservation. The fund employs an active asset allocation strategy to invest in equities, debts, money market instruments, and cash. CGBL was launched on Sep 26, 2023 and is issued by Capital Group.